According to Adam, a macro researcher at Greeks.live, this week A-shares and Chinese stocks attracted the attention of all markets, while cryptocurrencies were relatively weak. Even in the overall surge in Hong Kong stocks, blockchain stocks were on a downward trend, reflecting the weakness of the cryptocurrency market. Judging from the data of previous years, the market in the fourth quarter is generally good.

The IVs of all major maturities are at the average level of the past year. Before the end of the US election, IV will still have support. The next two weeks will be a good opportunity to plan for the fourth quarter.

The option delivery data on October 4 showed that 17,500 BTC options expired, with a Put Call Ratio of 0.75, a maximum pain point of $63,000, and a nominal value of $1.07 billion; 119,000 ETH options expired, with a Put Call Ratio of 0.68, a maximum pain point of $2,500, and a nominal value of $280 million. #bitcoin